The United States is fining Deutsche Bank approximately $186 million for failing to address money laundering concerns, the US Federal Reserve Board of Governors said in a statement on Wednesday

The US Virgin Islands (USVI) filed a claim with a US district court in New York seeking at least $150 million in civil penalties from JPMorgan Chase Bank in connection with the bank's lucrative relationship with the deceased sex trafficker Jeffrey Epstein

Turkey's Central Bank may raise the interest rate for the first time in 27 months, Turkish newspaper Dünya reported on Thursday

JPMorgan Chase, accused of knowingly benefiting from and facilitating Jeffrey Epstein's sex trafficking operation, is prepared to pay $290 million to resolve claims by victims of the late sexual predator, CNBC reported on Monday, citing a source familiar with the matter

The UK's Competition and Markets Authority (CMA) said on Wednesday it has provisionally found that five major banks illegally shared in chatrooms competitively sensitive information related to details on pricing and trading strategies between 2009-2013

Deutsche Bank has agreed to pay $75 million to settle a collective lawsuit alleging that the financial institution assisted US financier Jeffrey Epstein's group in human trafficking for sexual exploitation, The Wall Street Journal reported, citing the lawyers of alleged victims

The European Union's future growth might be jeopardized if troubles which recently shook financial market will continue, President of the European Central Bank (ECB) Christine Lagarde said on Thursday

The governments of Uzbekistan and Germany have signed a declaration on deepening multifaceted cooperation, the press office of Uzbek President Shavkat Mirziyoyev said on Wednesday

The risk to the US economy from this month's banking crisis is low thus far and unless strains from it worsen, the recession expected for this year will be mild in impact despite credit remaining tight, ratings agency Moody's said Wednesday

It would be "irresponsible" not to fix faults in US banking after the liquidity crisis discovered this month, the Federal Reserve's Vice Chair for Supervision Michael Barr said Tuesday, as he pledged to strengthen the system which he maintained was resilient